About the Course
The course is delivered by leading CAs and Indirect Tax Professionals through video lectures that cover Overview and Model of GST Law (CGST & SGST), GST Business Process-Registration & returns, Accounts & Records, Time of Supply & Valuation of Supply of Goods & Services, Overview of IGST Act, Transitional Provisions, Appeals and Revision, and so on
GST Course will enable the students to comprehend the key areas of impact in their company, prepare different scenarios for the design and application of GST, determine areas of adverse impact and prepare contingency steps, analyzing legal documents for the healing of taxes on existing transactions, and so on
WHAT IS GST?
GST stands for “Goods and Services Tax”, and is proposed to be a comprehensive indirect tax levy on manufacture, sale, and intake of goods along with services at the nationwide level.
Its main goal is to combines all indirect tax levies into a single tax, other than customized (omitting SAD) changing numerous tax levies, conquering the restrictions of existing indirect tax structure, and developing effectiveness in tax administration.
The introduction of Goods and Services Tax (GST) would be an extremely substantial action in the field of indirect tax reforms in India. By joining together a great deal of Central and State taxes into a single tax, it would alleviate cascading or double taxation in a significant way and lead the way for a typical national market.
From the consumer viewpoint, the biggest benefit would be in regards to a reduction in the general tax problem on goods, which is presently estimated at 16% -18%.
Intro of GST would likewise make our products competitive in the domestic and global markets. Studies show that this would quickly spur financial growth. Last but not the least, this tax, because of its transparent character, would be simpler to administer.
To prepare for the execution of GST, companies need to understand GST policy advancement and its implications for scenario preparation and transition roadmap preparation. We at Clear Tax goal to supply our learners with all the details and tools needed to prepare themselves to deal with the brand-new tax routine
Online Certificate Course in GST
With Online GST Certificate Course, it is prepared for that the tax base will be comprehensive, as essentially all goods and services will be taxable, with minimum exemptions. It will impact the tax structure, tax occurrence, tax calculation, tax payment, compliance, credit usage, and reporting, resulting in a complete overhaul of the current indirect tax system.
GST will have a significant impact on practically all the aspects of the company operations in the nation, for example, rates of product or services, supply chain optimization, IT, accounting, and tax compliance systems.
What you’ll learn
- STANDARD OF E-GST OVERVIEW OF MODEL GST LAW
- RETURNS UNDER GST SECTION (37-48) WITH GST RULES & FORMATS
- REFUNDS- SECTION 54-58 WITH GST RULES
- INPUT TAX CREDIT – SECTION 16-21 WITH GST RULES
- MODEL IGST LAW
- EWAY BILL
- This course takes you through the essentials of GST and turns you into a professional. You simply need to have an interest before starting this course.
- They need to have a fundamental comprehending around taxes and the best enthusiasm to learn more about taxes.
Who this course is for:
CA aspirants, CA, CS, IAS candidates, ICWA, LLB practitioners and candidates, Tax specialists and accounting professionals